Over 10.7mn cotton bales reach ginneries

MULTAN: Over 10.7 million bales of cotton reached 962 ginneries across the country till December 15, showing an increase of 2.42 as compared to last year during the same period, stated a report issued by Pakistan Cotton Ginners Association here on Tuesday.

According to the report, cotton arrival was recorded to be 1,07,68,861 and 1,01,87,909 bales were ginned. The report stated that exporters purchased 1,71,946 bales while 88,53,314 bales were bought by textile units.

According to the report, Trading Corporation of Pakistan has not started purchasing of the cotton.